87 Elizabeth Drive Tokoroa, South Waikato District

You never regret buying quality and location, with northerly aspects. 87 Elizabeth Drive Tokoroa represents all categories. Purpose-built for longevity (brick), the property features four x 2-bedroom units, nestled on 910 freehold lands. Each unit is complemented with a single carport and off-street parking. Current annual rental income $58,240 is ok, (two units require tlc) but an independent rental appraisal of $340.00 per week per unit (after the tlc is completed) equates to a $70,720 rent roll, which equates to an impressive 7.2% gross yield on the asking price. It's a little gem.

An in-demand property from prospective tenants is shown by the property's high occupancy rate, where long-term tenants are the norm. Thus, creating a hassle-free investment. Perfect acquisition for an absentee investor.

An uncomplicated seamless investment

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PLEASE NOTE:
All prospective purchasers shall complete their own due diligence, seek legal and expert advice, and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: the floor and land sizes, boundary lines, underground services, along with any scheme plans or consent